veeybeightly analysed by the concerning it will move up to 2.90 to 3.30.
eme sha
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Bullish
$CAKE The current price of PancakeSwap (CAKE) is $2.61, price is up by +22.71% in the last 24 hours. CAKE is currently available on 51 exchanges and in past 24 hours, 344,121,744 CAKE coins have been exchanged, which equals $899,770,747 in a trading volume. Today, PancakeSwap (CAKE) opened at $2.51. It's up by 3.98% from the opening price. After a drop to $2.46 it's trying to move higher. From the maximum price of the last 30, and 7 days it's value is down -10.84% and up by 35.53%, and from the minimum recorded price in the same timeframe, its up by 87.80%.
According to our analysis, CAKE needs to stay above $2.29 to potentially move towards the first major resistance level at $2.74. Breaking above $2.74, could see CAKE rise to the next resistance level at $3.33. The third resistance is at $3.69.
If the price drops, the first support level to watch is $2.29. If this level does not hold, a further decline to the next support level at $1.84 is possible.
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